Herald & Lantern 26 January '83

23

Plant Closes

(From Page 1)

several years, most employes worked only

a few months a year.

It manufactured magnesite, a hightenmerature refractory used to make brinks for kilns in steel mills The steel industry's depression reportedly killed the

demand for magnesite

ONE OF THE LARGEST rateables in Lower Township, the plant is assessed at $2.2 million and paid almost $71,000 in taxes last year That included $16,233 to the township, $14,173 to the county, $19,927 to the Lower Township Elementary School District and $20,487 to the Lower Cape May

Regional School District.

Lower Township Mayor Peggie Richer bach said it was the loss of jobs, not taxes, that concerned her. "What will all the people do until summer employment starts?'* i she said. "It goes to show just how bad the recession is. Here we are building, building, building, and where are all the

jobs coming from?"

The plant's closing had been widely i rumored, but many employes remained < hopeful Harbisop-Walker would choose to modernize the plant instead I WILLIAM DeVOS. 41, of Del Haven. I learned the plant would be closed with a j phone call from a fellow employe over the i weekend He had worked here fbr 14 years < "Everybody was expecting we'ago back," he said. I DeVos and his wife, Sandra, have three children aged 7, 8 and 12. < ^ews Notes from

Seven Mile Beach ME Hen Rowland 168 229-1

T..

THE SEA LIONS (Women’s Auxiliary of S.H. Lions) are planning a trip to casino land on Jan. 31 The bus leaves Community Hall in Avalon at 6:30 p.m sharp Your $10 ticket en titles you to a dinner and show at the Sands featuring a glamorous Copa Girl Revue You'll also get $5 in quarters for your try at a jackpot The bus will return by 12:30 so everybody will have lime to count their winnings and still get a good night's sleep. For res call 368-6093 AT ITS Dec. 17 dinner meeting S.H. Chamber of Commerce presented the awards for the 1982 Christmas Outdoor Lighting Contest Prexy Jim Fisher of Seashore Home Supply introduced the judges; John and Anne Marie McVey (he’s principal of Middle Twp. High) of CMCH and Tom and Alice Clydesdale (he’s Committeeman and former mayor of Lower Twp.) of Cold Spring. Winners had been announced earlier so it wasn’t n big surprise ex cept that James Mmemeci who won second prize in the Best Doorway category, is a 6th grader at S.H. Elementary School. To our knowledge he's the youngest winner ever in the competition. Ed Yaeger outthought everybody by getting himself born 69 years ago to the day. Isn’t everybody who can brag about having 136 people celebrate his birthday! After the awards and the B-day cake was marched up to Ed, principal speaker Mayor Arden Hand had his turn at the podium. He had a tough act to follow The mayor summed up the Borough's accomplishmcnts for the year and its hopes for the future He announced that 104th St. Bridge repairs will be com pleted by Memorial Day and that only one traffic lane will be closed at a time.

He had worked in recent months as a driver for Wildwood Linen, as a dish washer at the Lobster House in Cape May, and as a laborer for the B Right Construe tion Co. of Philadelphia which is building homes at the U.S. Coast Guard Training Center in Cape May. He was laid off from all three jobs, the last only two weeks ago, and is collecting $144 a week in unemploy

ment compensation

"I'd rather be working than on

unemployment,” he said.

As he looked for work, he said, he en coutcred "a bunch of people in the same

boat as I am."

HE SAID HE HAS considered selling water purifyers, but lacks the $200

necessary for a sales kit.

"Many people have been very nice," he said "Some gave us clothes for the kids, food for the table " He singled out fellow members of the Covenant Bible Church at

Fishing Creek.

"The worst thing," he said, "is not know ing you have a good job, purposeful employment, tc go to the next morning " DeVos said he wouldn't "blame" anyone for the plant closing. But he said he felt there was a "conglomeration of causes" including "the big wigs, people who have money." He said he thought the closing could be "part of God’s judgement on Americans for the wicked way they’ve

been living."

He said he will "pray for another job, sell the house, and go where the job is."

Donate Blood. + vvmti m

News*^^, Digest (From Page I) convicted last week of assaull for beating a Runnemede man with a blackjack dur ing a near-riot in June During the trial, Allen s attorney charged the testimony of Wildwood Crest and North Wildwood police officers, present during the distur bance, showed "an attitude of contempt for the Wildwood Police Department " Minimum Wage WHITESBORO - Suspended Rccrea tion Center Director Joseph Francis will be reinstated after he works two five day weeks without pay Francis was fired by Committeewoman Patricia Peterson after parties were held at the center Dec 24 and 25 toil).out her approval What’s in a Name? NEWARK — First National State Bancorp has agreed in principle to acquire First National Bank of New Jersey for cash and stock valued at about $84 million The acquisition would create a statewide organization of 192 offices with assets exceeding $6 billion Bike Fight COURT HOUSE - The Cap* May County Planning Board will hear both sides and delay until next month a vote on Die Cape May County Bridge Commission’s ban on bicycles on Ocean Drive bridges.

\ 1 * * i A * **

S

Hough Hoad MILLVILLE — The good news: money from the new 5-cents-a-gallon gasoline tax will make possible completion of the northern section of Route 55 by 1986 without-making it a toll road The bad news a toll-free northern section might make it more difficult to get tolls on the proposed stretch south to the Garden State Parkway And without tolls, where's the money coming from? (Page 24 Please) Local Banks (From Page 14) Its Super Now A account pays one-half of 1 percent less than the T bill, which amounted to 7 119 last week Ocean City Home Savings & Loan declared from the start that it would pay three-eights of one percent higher than the 91-day T-bill for its Insured Money Market Thus those accounts opened at 8,37 per cent last month and were paying 7 994 per cent last week Its Super Now pays three eights of 1 percent less than the 91 day T bill, or 6.619 percent last week. Sturdy Savings & Loan started Its Money Market Fund paying 10 percent interest until Jan. II when it dropped to one quarter of 1 percent above the 91-day T bill It was paying 7 869 percent last week It will offer a Super Now shortly, bank spokesmen said. Sturdy also has a $500 minimum on checks written on its money market accounts.

ONE OF OUR favorite shopping spots down here is the Lobster House Fish Market in Cold Spring. We’ve loved it for years for the quality seafood it provides. Now we especially love it because, while hin ting we're obviously too young to be interested in their Senior citizen discount, it’s available to anyone who fits the age

bracket

ftieviEsi • Movl* Hating _

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LAST DAY... •

THURS.. JAN. 27 • "THE TOY" (re) • Ktn. 744 P.M. * Starting Fri., Jan. 2S ®

BURT REYNOLDS

GOLDIE HAWN I "IBT FRIENDS" (re) • iw kss mu *« rji •

m STARTING FEB. II • • DUSTIN HOFFMAN • • "TOOTSIE" (r<) J I - . _ —: .CTITOirci'I; • ; • HELD OVER. 2ND WEEK # '• NICK NOLTE it a cop • • EDDIE MURPHY •'

it a convict •

"48 HOURS" (» !»**. MS MtJ l:tj rJL Starting Fri., Frh. 4 HOY SCHNEIDER MERYL STEEP "STIU OF THE NIGHT" (re) . t>... 11. f m

All Coming

Your Woy Soon.. "The Verdict" "Peter Ron" "Dark Crystal"

This year, put more in your own pocket, less in Uncle Sam’s.

You still hove time to give yourself a $2,000 tax deduction for 1902. Just open on Individual Retirement Account before you file your income tax return. Even if you re already covered by a retirement plan, you con invest up to $2,000 of your 1982 wages. Up to $4,000 if you and your spouse both work. And a total Of $2,250 in separate accounts if your spouse isn’t employed. Your investment is tax-free until you retire.

So is the interest. And it’s Bizeoblel You have a choice of a fixed rate. 18 month certificate or a floating rate certificate based on the weekly Money Market rate. Beet of all. your IRA investment is insured up to $100,000 by the FSLIC. So before you pay your taxes this year, pay yourself. Visit an IRA Specialist at Cape May County Savings and Loan today, and open an IRA Account. It’s deductible!

We're In the hueinea* of making your money make money.

Cape May county Sawings & Loan

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